Retail Building with
For Sale
$779,000
400 Interchange Road, Lehighton, PA 18235
CommercialSale, Franklin Twp, PA
Property Size7,500 SF
Lot Size0.63 Acres
Price / SF$103.87
Days on Market228
Property Features for 400 Interchange Road
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
From Walmart in Lehighton, travel Route 443, cross bridge. Travel straight about 1/4 mile, property is on the left
Subdivision
Franklin
Standard status
Active
Lot size
0.63 Acres
Utilities
Sewer type
Septic Tank
Cooling system
Ductless
Water source
Well
Amenities
dedicated office space
showroom
storage rooms
bathrooms
kitchenette
large garage
Building Details
Year built
1986
Listing Agency:
RE/MAX Unlimited Real Estate · RE/MAX International
Listed By:
Glenn D. Fritts · License #AB066533
(610) 266-4000
Added: Feb 5
Changed: Aug 19
Last Checked: Sep 21 at 1:06AM
MLS# 771487
Copyright © 2026 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is a 7,500 +/- square foot commercial building constructed in 1986 and currently configured for retail use. Interior components include dedicated office space, a showroom, storage rooms, bathrooms, a kitchenette, and a large garage. Ductless cooling, a well water source, and septic service are in place. The site also provides 35 dedicated parking spaces.
Set on a .63-acre lot just off Route 209, the property benefits from exposure to a reported traffic count of over 15,000 vehicles daily. Route 248 and the PA Turnpike are nearby, with the turnpike approximately 2 miles away. The existing arrangement supports a range of commercial configurations while retaining the building’s retail-oriented layout.
Set on a .63-acre lot just off Route 209, the property benefits from exposure to a reported traffic count of over 15,000 vehicles daily. Route 248 and the PA Turnpike are nearby, with the turnpike approximately 2 miles away. The existing arrangement supports a range of commercial configurations while retaining the building’s retail-oriented layout.
Key Highlights
- 7,500 +/- square foot commercial building on a .63‑acre lot
- 35 dedicated parking spaces
- Retail layout with office, showroom, storage rooms, bathrooms, and kitchenette
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$33,755
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.33%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$675,100
$675.1K
Cap Rate 7%
$482,214
$482.2K
Cap Rate 9%
$375,056
$375.1K
Market Conditions
NOI Build-Up for 7,500 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$51.3K $6.84/SF
− Vacancy
−$3.1K −$0.41/SF
EGI
$48.2K $6.43/SF
− OpEx
−$14.5K −$1.93/SF
NOI
$33.8K $4.50/SF
Area
Carbon County, PA
Vacancy
6.00%
Lease Rate
$6.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$675,100
Cap Rate 7%
$482,214
Cap Rate 9%
$375,056
Alternative Uses
Best Use
Retail
$1.32M
$1.15M – $1.54M
NOI $92,377 @ 7.0% cap · market cap 11.86%
Second Best
Industrial
$482.2K
$421.9K – $562.6K
NOI $33,755 @ 7.0% cap · market cap 4.33%
Theoretical Best
Specialty Retail
$1.47M
$1.29M – $1.72M
NOI $103,140 @ 7.0% cap · market cap 13.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
15,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
188
Businesses Nearby
Explore this area
Business Placement
Demographics for 18235, PA
19,139
Population
8,796
Households
2.2
Avg Household Size
47
Median Age
19%
College-Educated
89%
High-School Grad
86.9 sq mi
ZIP Area
220
Density / Sq Mi
$72,626
Median Household Income
$44,418
Median Earnings
$1,003
Median Rent
$218,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
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Frequently Asked Questions
What type of property is this?
Retail space - Commercial building with office, showroom, storage, restroom, kitchenette, and flexible interior configuration.
Where is this retail space located?
The property is located at 400 Interchange Road Lehighton, PA.
What is the asking price?
The asking price for this property is $779,000.
What are key features of this property?
This property features: 7,500 +/- square foot commercial building on a .63‑acre lot; 35 dedicated parking spaces; Retail layout with office, showroom, storage rooms, bathrooms, and kitchenette
